Economic Analysis

Introduction

When conducting an economic analysis we are essentially conducting an evaluation or once-over on an organizations financials. The process generally consists of measuring, evaluating, and considering the internal and external environments, as well as recognizing a company’s strengths and weaknesses in order to impart the most effective advice surrounding its financial stability and sustainability. It is imperative to conduct financial investigations as a part of the process to gauge whether an organization is successful in apportioning their assets. The purpose of this exploration is to create an analysis section of a business proposal in which I will incorporate materials about the market structure, the elasticity of the service, the price point, and its influences on marginal costs and revenue, and non-pricing strategies. In addition, it is my intention to identify how changes in business operations could alter the mix of fixed and variable costs.

Service

Garage sales are something that people love to hate and hate to love. This is a great opportunity to make money for your unwanted junk, de-clutter your home, and make room for new items. After all, one person’s trash is truly another’s treasure. At Garage Sale Experts, we will go into homes and businesses to provide an estimate for a garage, parking lot, or yard sale; sorting through all of the unwanted belongings, determine if there are enough goods to hold a sale, establish a solid price point for each item, and ultimately hold a sale for one to two days. Of course, there are going to be occasions where there is not enough in one household or office to host a sale, but when combining multiple households or businesses can create a massive sale that will attract a large crowd and ensure better sales for all clients.

Elasticity

During the initial consultation, a fee $25.00 fee will be assessed, once the sale is held that cost will be deducted from the amount the client owes to Garage Sale...